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Crumbling under decades of accumulated losses, outdated technology and waking up to the fact that power supply decides who stays "in power ", several states are reviving their power transmission and distribution (T&D) infrastructure.
Source: BS

SNP Insights

Reforms is a need of an hour to recover the T&D from sick to healthy state in order to improve the whole value chain of power sector as it may soothen the flow of electricity from generation to distribution and money back to generation from distribution segment. Also, initiative at the respective state level is likely to improve the balance sheet of discom and may help in restricting the Indian economy from falling down due to financial restructuring program (FRP).
 

Source: SNP Infra Research